Chesapeake Energy Wins Two Royalty Fights

NewsOK.com RSS - business, Daily Oklahoman: Business
Wed, 07/30/2014 - 7:03pm

By Adam Wilmoth, Energy EditorChesapeake Energy Corp. this week won its second straight legal battle over royalty payments in northern Texas’ Barnett Shale region. A three-judge panel of the 5th Circuit Court of Appeals on Tuesday upheld a lower court ruling that sided with the Oklahoma City-based oil and natural gas company. Royalty owners Gordon Potts and Brandy West said they were underpaid because Chesapeake deducted postproduction costs before paying the royalty.

Topics: adam wilmoth energy editorchesapeake energy corp texas barnett shale circuit court appeals oklahoma city-based royalty gordon potts brandy west newsok chesapeake

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Chesapeake Energy Wins Two Royalty Fights

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